1250 Cranston Street, Cranston, RI 02905
MULTI_FAMILY - Cranston, RI
- Added:
- Sep 3, 2025
- Days on Market:
- 281
- Last Refresh:
- Jun 10 at 11:06 pm
Property Features for 1250 Cranston Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 3
- Parking
- 4
- Basement
- Full, Unfinished
- Appliances
- Electric Water Heater
- Standard status
- Pending
- Size
- 2,849 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4173
Utilities
- Heating system
- Baseboard, Natural Gas
Building Details
- Year built
- 1920
- Number of units
- 2
- Flooring type
- Carpet, Tile - Ceramic, Hardwood, Laminate
- Building materials
- Vinyl Siding
Listing agent Kyle Seyboth License #REB.0794296 (508) 726-3492
Listing office Century 21 Limitless 969 Waterman Avenue, Suite 1, East Providence, RI (508) 567-3468
Listing date Sep 3, 2025
Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family home ideal for investors or owner‑occupants.
- Detached 2‑car garage and off‑street parking.
- Convenient location near schools, parks, shopping, and public transportation.
- Spacious units: one 3‑bed, 1‑bath and one 2‑bed, 1‑bath.
- Generously sized backyard.
- Easy access to major highways and minutes from downtown Providence.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.5k | $25.44 |
| − Vacancy | −$4.7k | −$1.65 |
| EGI | $67.8k | $23.79 |
| − OpEx | −$20.3k | −$7.14 |
| NOI | $47.4k | $16.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cranston
- County
- Providence
- State
- Rhode Island
- Longitude
- -71.4514
- Latitude
- 41.791609
